Thursday May 9, 2024

MobileSpaces Picks Up $3M From Accel To Let Workers Use Enterprise Apps On Their Own Phones

With Apple’s iPhone and other Android devices quickly permeating the workforces of the country’s biggest companies, corporations are wrestling with how to let employees work from their own personal smartphones. MobileSpaces is attacking this problem with a fresh $3 million in funding from Accel Partners. It creates a workspace or container app that employees can […]

SAP Holding Startup Forums To Develop Ecosystem For HANA — The Company’s First Ever Platform Play

SAP is doing a series of startup forums that signal a significant change in the company. It’s a move unlike any we see from the likes of HP, Oracle or IBM. SAP is making a play as a platform company. It is building a developer community and backing it up with a special $155 million […]

Another Piece In Twitter’s Money Puzzle: Teaming Up With HootSuite To Cross-Sell Ads

When Twitter published its latest thinking on how its API would evolve, and what developers it wanted to leave behind, it noted one of the areas it wanted to emphasize more was enterprise. Today we get more of a clue why: HootSuite, an enterprise-focused Twitter client that actually got a name-check in that blog post, […]

Salesforce Reports Q2 Revenues Up 34% To $732M

Salesforce.com reported its second quarter earnings today, showing revenue growth at $732 million brought in, up 34% compared to last year. Earnings per share were 42 cents. The company beat analysts revenue estimates of $728 million. Salesforce raised its outlook for the third quarter, and is expecting third quarter revenues between $773 million and $777 million, […]

Twitter Joining the Linux Foundation

The overwhelming majority of web-based services today rely on Linux. More and more of these companies are joining the Linux Foundation, the “nonprofit consortium dedicated to fostering the growth of Linux.” The Linux Foundation provides a neutral ground for companies and users to discuss and collaborate on Linux’s development, so it makes sense for companies […]

AtTask Raises $13 Million For Software as a Service That Combines Social Tech With Traditional Project Management

Utah-based AtTask has raised $13 million for its collaborative work management software as a service (SaaS) according to documents filed with the U.S. Security and Exchange Commission (SEC). Names of the investors were not disclosed. AtTask has previously raised $7 million from OpenView Partners. It’s unclear at this point if this new $13 million investment is a Series B […]

Update: Salesforce.com Hit Hard In After Hours Trading — Reports Q2 Revenues Up 34% With EPS Of 42 Cents

Salesforce.com just made an interesting announcement. It is tweeting its results as CEO Marc Benioff talks about the results in the company conference call. The company is reporting second quarter revenues of $732 million, up 34% compared to last year. Earnings per share were 42 cents. But even with the tweeting it could not help the company’s […]

Data Center Analytics Startup CloudPhysics Raises $2.5 Million From Mayfield Partners With Investment From VMware Co-Founders

CloudPhysics has raised $2.5 million from the Mayfield Fund and VMware Co-Founders Diane Greene and Mendel Rosenblum among other angel investors. The company will use the investment to build out an analytics platform for monitoring performance of a new emerging class of data center technology. This is an interesting play. CloudPhysics two co-founders are former high-ranking VMware […]

HP Reports 3Q Earnings Down 5% – Printers Off 23%

HP has reported third quarter earnings are down 5% compared to last year. Printer sales were down 23%, mirroring trends across the market. Revenues were $29.7 billion, down from $31.2 billion. CEO Meg Whitman said they HP’s earnings per share came in at $1.00, above the previously provided outlook of 94 to 94 cents per share […]

Storage Provider Nutanix Raises $33 Million And Shows Signs Of Readying For An IPO

Nutanix has raised $33 million in a Series C funding round. The investment comes from investors Lightspeed Venture Partners and Khosla Ventures along with new investors Battery Ventures and Goldman Sachs. The round gives Nutanix a total of $71 million in funding and positions the company for a potential IPO. Nutanix plays in the software […]